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Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
 Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for Dry Bulk Carriers. The project, scheduled for completion in 2022, breaks down significant barriers for the installation of rotor sails technology and paves the path for commercial-ready applications across the industry in the short-term.
Torsten Barenthin, Director Innovation of Oldendorff Carriers stated: “This JDP, together with other ongoing projects in our company, is a testament to our commitment to the development and application of green technologies across our fleet. By partnering with the ship designer (SDARI), manufacturer (Anemoi) and Classification Society (LR), OC seeks to achieve a comprehensive functional application of wind technology that returns environmental and commercial benefits throughout our vessels’ entire life cycle”.
The adoption of this fuel saving technology consists of installing Anemoi’s patented vertical rotors on deck. These mechanical sails, when driven to rotate, harness the power of the wind to provide additional thrust to vessels, reducing fuel consumption and lowering carbon emissions. In order to ensure the rotors do not interefere with cargo operations and air draft limitations, the sails are mounted with a folding system that enables them to be lowered from vertical into a horizontal position on deck ( See how the system works).
By fitting vertical rotors on a Newcastlemax bulk carrier of 207,000 tdw, wind propulsion can be tested on long haul voyages. Once the design and study phases have been concluded, the results obtained will determine whether we proceed with the installation of the wind rotor technology aboard one of our vessels.
“We are honoured to see Oldendorff Carriers, an industry leader, acknowledge Anemoi Rotor Sails as a key solution to reducing energy consumption and harmful emissions in the bulk sector. Partnering in this project further demonstrates Oldendorff Carriers’ commitment to sustainable shipping and their support of emerging wind propulsion technology as a route to future environmental compliance and decarbonisation“ said Nick Contopoulos, Chief Operating Officer, Anemoi Marine Technologies.
OC approaches decarbonisation from a holistic perspective. As shipowner and operator, our efforts to achieve zero greenhouse gas emissions are not only benefiting the company but also the entire value chain. By adding renewable energy to our array of sustainable shipping projects, we continue adding value to the entire spectrum of stakeholders by reducing the overall environmental impact of our operations.
Mark Darley, LR Marine & Offshore Chief Operating Officer, said: “As the need to decarbonise the shipping industry becomes more pressing, this JDP with leaders in maritime marks an important milestone on the journey and further demonstrates LR’s commitment to accelerating this transition. The partners’ collective action and joint collaboration will see the development of solutions that will meet current and future environmental targets.”
Wang Gang Yi, Chief Engineer of SDARI commented: “It is our great honor to provide green solution designs to Oldendorff Carriers, a leading shipping company. We believe the JDP shows the maritime community OC’ is serious about its efforts to reduce GHG emissions and make shipping sustainable and competitive. We think that using wind assistance for enhancing propulsion is a viable way of helping to decarbonise the industry.”
The rotor sails technology is a complementary solution suitable for combination with other green developments. Last year OC also signed an agreement with the Massachusetts Institute of Technology’s Center for Bits & Atoms to investigate disruptive improvements in ship design and propulsion to achieve the IMO 2030/50 goals.
Source: Oldendorff Carriers
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Sunday, 13 December 20
LONGSTANDING DOWNSIDE RISKS TO TRADE OUTLOOK - BALTIC EXCHANGE
The OECD has attempted to put a positive spin on the trade message emanating from its latest economic outlook, released last week.
The ...
Sunday, 13 December 20
INDONESIA COAL OUTPUT AT 514 MILLION TONNES THIS YEAR, 2021 TARGET UNCHANGED - REUTERS
Indonesia coal output in the period to Dec. 10 stood at 514.2 million tonnes, official data from the energy ministry’s website showed.
&n ...
Thursday, 10 December 20
MALAYSIA'S CIMB ANNOUNCES COAL FINANCING PHASE-OUT BY 2040 AS ASIA'S FOSSIL FUEL DIVESTMENT DRIVE ACCELERATES - IEEFA
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced ...
Wednesday, 09 December 20
MARKET INSIGHT - INTERMODAL
Heading towards the end of a difficult year and with the entire planet under the shadow of the covid-19 virus, it is interesting to proceed with a ...
Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
It is now undisputed that oil consumption for 2020 will post a considerable drop, as demand for several petroleum products has plummeted since the ...
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- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- ICICI Bank Limited - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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